CLST.L Share News (CLST)

By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. financial advisory group Collins Stewart PLC (CLST.LN) is targeting a dozen fundraising deals in the second half, Chief Executive Mark Brown said Thursday, around double the amount of deals it carried out in the first half. "We do have a pipeline of deals for the second half, and it's looking better than the first half," he said. "It's now a question of whether we can execute it." Brown said that since the end of the first half, the company has acted as sponsor, joint financial adviser, bookrunner and underwriter for a GBP100 million rights issue by Development Securities PLC (DSC.LN). "This has got us off to a reasonable start," he added. -By Rachael Gormley, Dow Jones Newswires; 44-20-7842-9308; rachael.gormley@dowjones.com (END) Dow Jones Newswires July 29, 2010 03:48 ET (07:48 GMT)